As the SACCI Business Confidence Index in South Africa represents the current business climate and the experiences that enterprises are having, it reflects a neutral sentiment in the marketplace. A total of thirteen sub-indices are used to calculate the index, which includes the following items: energy supply, manufacturing, exports and imports, vehicle and retail sales, construction, inflation; stock market prices, private sector borrowing, financing costs, precious metal prices, and the exchange rate.

A higher than expected figure should be seen as positive (bullish) for the ZAR while a lower than expected figure should be seen as negative (bearish) for the ZAR.

Details
Impact: Low
Country:
Currency: ZAR
Latest Release
Previous: 114.9
Consensus: 124
Actual: 115.8
Next Release
Date: Aug 14, 09:30
Time left: 30 days
Consensus: 119

Forex Sentiment (ZAR)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
USDZAR
17.1842
-7170 pips
18.0743
-1731 pips
17.90119
Symbol Action Percentage Volume Positions
USDZAR Short 34% 0.51 lots 29
Long 66% 1.00 lots 50
0% of traders are currently trading USDZAR.
EURZAR
18.0037
-28765 pips
20.6406
+2396 pips
20.88021
Symbol Action Percentage Volume Positions
EURZAR Short 90% 1.29 lots 58
Long 10% 0.14 lots 3
0% of traders are currently trading EURZAR.
ZARJPY
8.1890
-5 pips
8.0664
+17 pips
8.240
Symbol Action Percentage Volume Positions
ZARJPY Short 51% 1.50 lots 1
Long 49% 1.44 lots 21
0% of traders are currently trading ZARJPY.